Putting Up the President

By JAMES T. HARRIS III

When Towson University's president resigned last spring under
fire for alleged cost overruns in the renovation of the state-owned
presidential home, it was nothing new to higher education. Articles
appear in The Chronicle with some regularity about yet another
chief executive officer caught in a similar situation. Why do so
many leaders end up spending an excessive amount of university
money on something that appears to benefit only themselves?